Old National Bancorp 401(k) match, vesting and fees
What Old National Bancorp's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Harding, Shymanski & Company P.S.C (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 35 defined-contribution plans in management of companies and enterprises with 5,000 to 9,999 participants.
| Old National Bancorp: employer contribution per participant | $3,722 | |
| Peer median | $2,915 |
| Old National Bancorp: average balance | $139,215 | |
| Peer median | $131,844 |
| Old National Bancorp: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $651M at the end of plan year 2023 to $733M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,293 | $733M | $19.6M | $3,722 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 5,238 | $651M | $18M | $3,467 | 0.03% | Not published | Form 5500 ↗ |
Other Old National Bancorp plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
First Midwest Bancorp Consolidated Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Old National Bancorp match 401(k) contributions?
The match terms for the The Old National Bancorp Employee Stock Ownership and Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $19.6M in employer contributions, about $3,722 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Old National Bancorp 401(k) match vested?
The vesting schedule for the The Old National Bancorp Employee Stock Ownership and Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Old National Bancorp 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Old National Bancorp.
I left Old National Bancorp. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Old National Bancorp, (812) 465-7275) or the recordkeeper, Empower Annuity Insurance Company. The Old National Bancorp old 401(k) page lists the contacts from every plan filing. Find an old Old National Bancorp 401(k)
Data from the public Form 5500 annual reports Old National Bancorp filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Old National Bancorp. Not financial advice. Report a correction · Methodology